The Minister of Energy, Peter Amewu fears cancellation of the concession agreement with Power Distribution Services Ghana (PDS) could come with some consequential loss. In an exclusive interview with TV3 on Wednesday, the minister said Ghana may not be able to access part of the second Millennium Challenge Corporation Compact …

Members of the National Association of Graduate Teachers (NAGRAT) have threatened to lay down their tools effective September 1, 2019, should the Ghana Education Service fail to halt monthly deductions of GHc10 from their salaries. The Ghana Education Service introduced an insurance policy which has become unpopular with many teachers. …

There was drama at the Sekondi High Court 2 in the Western Region Wednesday, when a mother of one of the kidnapped girls slapped the suspect, Samuel Udoterk after he pleaded not guilty to the crime. Comfort Arhin, mother of Ruthlove Quayson, distressed by the suspect’s refusal to disclose where …

The management of Power Distribution Services (PDS) has stated that the company has always acted in good faith with the contract it signed with the Government of Ghana.The government on Tuesday suspended the power deal it signed with PDS.The decision was communicated via a press release by Information Minister Kojo …

The Supreme Court has ruled that mining leases granted to Exton Cubic owned by Ibrahim Mahama is invalid, void and of no effect. The Court also held that the lease granted Exton Cubic did not comply with mandatory statutory provisions of the Minerals and Mining Act and article 268 of …

Kumasi City Mall (KCM), the Ashanti Region’s pride in modern, one-stop retail shopping, picked up the Gold Award for Commerce and Retail business at the 16th edition of the Ashanti Business Excellence Awards held in Kumasi over the weekend. Some 25 companies, organisations and agencies operating in the Ashanti Region …

Speaker of the United States Congress, Nancy Pelosi is expected to deliver a historic address to Ghana’s Parliament today, Wednesday, 31 July 2019.The address is expected to touch on policy issues and bilateral agreements between the two countries.Also expected in the chamber will be members of the Congressional delegation who …

Government of Ghana in the late hours of Tuesday, July 30 announced the abrogation of the contract with Power Distribution Services barely six months after the company took over from the Electricity Company of Ghana. In a statement signed by Information Minister Kojo Oppong Nkrumah, it disclosed that “the decision …

Government has suspended its concession agreement with the Power Distribution Services (PDS) bringing back the Electricity Company of Ghana (ECG) in full control. More soon…. Source: Ghana| Myjoyonline.com

The Kwesimintsim hospital in the Western Region is in dire need of financial support as government is unable to pay its nine months national health insurance payments amounting in excess of 2 million Ghana Cedis. The Administrator of the facility, Felix Kesse told Empire News’ Emmanuel Ohene-Gyan that the last …

Former Deputy Minister for Finance, Cassiel Ato Forson has predicted that with the current fiscal challenges the country Ghana will seek a “bailout” from IMF less than two years after the exit. Speaking at a press conference in response to the mid-year budget review, the minority spokesperson on Finance expressed …

About six million rosewood trees have been cut down in Ghana for illegal export to China since 2012, an environmental group says. The rare species, which takes 100 years to grow, is mostly used to make imperial-style furniture in China. The report blames corrupt officials in Ghana for forging documents …

Ghana Cocoa Board will raise $1.3 billion in syndicated loans for its operations in the 2019/2020 season, the Minister of Finance Mr Ken Ofori-Atta announced in Parliament on Monday. In addition to the annual syndicated loan of US$ 1.3 billion, COCOBOD has initiated processes with the African Development Bank (AfDB) …

The Ghana Health Service (GHS) through the Neglected Tropical Diseases (NTDs) programme will from today begin the mass administration of anti-lymphatic filariasis (elephantiasis) and river blindness (onchocerciasis) drugs across 126 endemic districts in the country. In all, 15 districts have been targeted for elephantiasis, 120 districts for river blindness and …

The West African Examinations Council (WAEC) has released provisional results of candidates who wrote the 2019 West African Senior School Certificate Examination (WASSCE). The examination body however withheld results of 48,855 (14.12%) candidates pending conclusion of investigations into various cases of examination malpractice detected during and after the conduct of …

Government has announced that it is increasing Communication Service Tax (CST) to nine per cent. The move, according to the Finance Minister Ken Ofori Atta was to develop the foundation for the creation of a viable technology ecosystem in the country. “This will comprise amongst others putting in systems to …

Government has withdrawn the luxury vehicle tax which was introduced last year. The Finance Minister, Ken Ofori – Atta, in his mid-year budget review in Parliament, said while the tax was introduced to raise revenue, “we have noted suggestions from the general public on the implementation of this tax.” The Luxury Vehicle …

The government of Ghana is seeking approval for extra expenditure of some GHS 6.4billion in its Mid-Year Review and Supplementary Estimates. This was contained in the Order of Business of Parliament on Monday, 29 July 2019 ahead of the Mid-Year Review Budget presentation to parliament by Finance Minister, Ken Ofori-Atta. …

Hundreds of protesters claiming to be customers of Gold Coast Securities on Monday besieged the premises of Parliament and the Accra International Conference Centre (AICC) appealing to President Nana Addo Dankwa Akufo-Addo and legislators to help them retrieve their locked up cash with the Non-banking financial institution. Customers of the …

The Minister of Finance, Ken Ofori-Atta is expected to be in Parliament on Monday, July 29, 2019 to present to the House, a review of Ghana’s 2019 budget. The presentation of the mid-year budget review is in accordance with Section 28 of the Public Financial Management Act, 2016 (Act 921). …

The Minister of Finance, Ken Ofori-Atta is expected to be in Parliament today to present to the House, a review of Ghana’s 2019 budget. The presentation of the mid-year budget review is in accordance with Section 28 of the Public Financial Management Act, 2016 (Act 921). Ahead of the presentation, …

The Finance Minister, Ken Ofori-Atta will today [Monday, July 29, 2019] present the mid-year budget review and supplementary estimates in Parliament in accordance with Section (28) of the Public Financial Management Act, 2016 (Act 921). The presentation had been postponed twice. Ahead of the presentation, some pressure groups have warned …

The Kumasi Based first private radio station in Ghana, OTEC FM on Saturday July 27, 2019, drifted from their usual busy schedules to participate in the maiden edition of ‘’Exercise With Koda” Health Walk ashundreds joined yet another crowd puller to promote physical fitness. The event which saw hundreds of …

Pro-government newspaper, The Daily Statesman, has hinted that the Finance Minister will announce an increase in petroleum and mobile tax today. Ken Ofori-Atta, will address Parliament Monday morning to ask for more money to meet mainly urgent and priority infrastructural demands as the huge costs of saving the financial sector …

Introduction Part 1 examined nine VAT measures that are extolled as fiscal success and concluded by noting several flaws that negate their effectiveness: distortion of the tax structure, increase in tax burden, and not non-achievement of ambitious revenue targets for almost three (3) years. Part II discusses the Energy Sector …

Information started flying around from the first hour of Monday, July 29th, that former President Olusegun Obasanjo’s arrest has been ordered by President Muhammadu Buhari. The yet-to-be-confirmed arrest is said to be in connection with the recent open letter written Obasanjo to the incumbent president, touching on very sensitive state …

Martin Amidu has stated categorically that he is not on talking terms with Chief Scribe of the opposition National Democratic Congress (NDC), Mr. Johnson Asiedu Nketia alias General Mosquito. Reacting to news of being impervious to advise about accepting the post of Special Prosecutor, the citizen vigilante shredded the NDC …

Rapper and business mogul, Jay-Z has been seen in a new video jamming to his wife’s song, ‘Already’ which he did with Dancehall artist, Shatta Wale. We can interpret this as a huge endorsement for Shatta Wale’s brand (not for Beyonce because we all know how BIG she’s) and hopefully …

Private legal practitioner and an influential family member of current President, Gabby Asare Otchere-Darko says he is tired over strenuous attempts to link him to one thing or the other under the current administration. He thinks that no story in the country is ever complete without the association of his …

Lucy Anim Koryo , a parliamentary aspirant of the party in Suhum constituency of the Eastern Region has threatened to do the unthinkable in 2020 by stripping naked if dared by the New Patriotic Party’s (NPP’s) candidate who is the incumbent, Hon Fredrick Opare Ansah. The candidate disclosed that the …